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Exam Information
Official specifications published by PMI
Exam Format
150 min
115
Professional
Registration
$670 USD
Pearson VUE or online proctoring
English, Arabic, Chinese (Simplified)
Validity
3 years
Earn 30 PDUs (Professional Development Units) in each 3-year cycle; Minimum of 4 PDUs in each skill area: Ways of Working, Power Skills, and Business Acumen
PMI-RMP Exam Topics and Domains
PMI-RMP is organized into 5 weighted domains.
1
Risk Strategy and Planning
22%
Perform preliminary document analysis
Document gathering and review
- Gather and review documents
- Give examples of preliminary documents to review prior to risk identification
- Determine and assign who is responsible for the preliminary document analysis
Establish documents relevant to the risk process
Project environment assessmentRisk appetite determination
- Assess project environment for threats and opportunities
- Determine which OPA/EEF/project methodology is needed
- Analyze environmental factors in planning phase
- Determine organizational and cultural risk appetite
- Conduct stakeholder analysis
Confirm risk thresholds based on risk appetites
Risk threshold alignment
- Align project risk thresholds to organizational risk appetite
- Calculate the risk the organization can absorb
- Discuss risk thresholds
- Lead conflict resolutions between stakeholders in agreeing on risk appetite
Establish risk management strategy
Risk processes and tools establishment
- Establish risk processes and tools
- Provide risk management templates/forms
- Determine risk metrics
- Identify risk categories
- Lead stakeholders to adopt the risk strategy
Document the risk management plan
Risk roles and responsibilitiesRisk management plan components
- Define organizational risk roles and responsibilities
- Align roles and responsibilities with a project RAM
- Prepare a list of the key artifacts/resources
- Outline the list of key risk management activities
- Explain how the RBS can be used to support the risk management plan
- Define a risk communication plan
- Define risk prioritization criteria
- Define stakeholder empowerment and education strategy
Plan and lead risk management activities with stakeholders
Stakeholder engagement in risk managementStakeholder risk education
- Collaborate with the team conducting risk planning
- Leverage stakeholder analysis
- Manage stakeholder risk appetite and attitudes
- Engage stakeholders in the risk prioritization process
- Set appropriate expectations with stakeholders
- Tailor risk communication for stakeholders
- Lead stakeholder empowerment for risk strategies
- Train, coach, and educate stakeholders in risk principles and processes
2
Risk Identification
23%
Conduct risk identification exercises
Risk identification methods
- Conduct meetings, interviews, focus groups, and other SME support activities
- Perform detailed analyses of risk identification exercise results
- Analyze documents, audio transcripts, telemetry data in business context
Examine assumption and constraint analyses
Assumptions and constraints
- Indicate risks as threats or opportunities
- Leverage the results of the assumption and constraint analysis
- Categorize assumptions and constraints
- Assess the risk associated with each assumption and/or constraint
- Recognize the relationship between assumptions/constraints and project objectives
- Encourage stakeholders to challenge assumptions and constraints
Document risk triggers and thresholds based on context/environment
Risk triggers and thresholds
- Assess, confirm, and document risk compliance thresholds and categories
- Assess and document risk triggers, causes and timing
- Assess and document risk consequences and/or impact
- Empower stakeholders to challenge existing thresholds
Develop risk register
Risk register development
- Analyze the validity of identified risks and triggers
- Develop risk register
3
Risk Analysis
23%
Perform qualitative analysis
Qualitative risk assessment
- Perform nominal classification of risks in the RBS using classifications from the risk management plan
- Estimate the impact of risk on project schedule, budget, resources, and scope
- Prioritize the risk based on impact and urgency
- Apply the risk matrices
- Coach stakeholders on risk categorization strategies
Perform quantitative analysis
Quantitative risk assessment
- Analyze risk data and process performance information against established metrics
- Analyze a project's general risks
- Perform a forecast and trend analysis on new and historical information
- Perform sensitivity analysis
- Perform risk weighting and calculate risk priority
Identify threats and opportunities
Risk complexity assessment
- Assess project risk complexity
- Perform an impact analysis on project objectives
- Assess project compliance objectives against organizational strategic objectives
4
Risk Response
13%
Plan risk response
Risk response strategiesResponse effectiveness communication
- Determine appropriate risk response strategy
- Decide the risk response actions based on strategies and identify action owners
- Assess the effectiveness of risk response actions against identified strategy
- Illustrate and communicate effectiveness of risk response strategies
- Determine the workaround
- Allocate responsibilities
- Outline appropriate responsibility matrix
- Re-evaluate organizational risks
Implement risk response
Risk response execution
- Execute the risk response plan(s)
- Execute the contingency plan(s)
- Encourage stakeholders to provide feedback on the risk response
- Evaluate and react to secondary and residual risks from the response implementation
- Improvise as needed
5
Monitor and Close Risks
19%
Gather and analyze performance data
Performance data analysis
- Reconcile performance data and reports from risk relevant work packages
- Analyze data to determine the completion status against the baseline
- Perform a variance analysis
- Monitor impact against overall project risk exposure to enterprise
Monitor residual and secondary risks
Residual and secondary risk monitoring
- Monitor risk response and document residual risk
- Monitor risk response for secondary risks
- Assess impact of residual and secondary risks on project objectives
- Update and communicate impact of residual and secondary risks
Update project documents
Project documentation updates
- Provide information required to update relevant project documents
- Aggregate and summarize risk data, and update project documents
- Monitor and close out expired risks
Monitor project risk levels
Project risk level assessment
- Assess project risk level
- Prepare reports for different stakeholders
- Communicate risk levels to key stakeholders
How do I earn this certification?
Passing PMI-RMP earns the PMI Risk Management Professional certification. It sits in the Risk Management track.
Current Level Exams
- PMP - Project Management ProfessionalCore PM certification at same professional level
- PMI-ACP - PMI Agile Certified PractitionerAgile specialization at professional level
- PMI-SP - PMI Scheduling ProfessionalScheduling specialization at professional level
Next Level Options
- PgMP - Program Management Professional Advanced program management including risk management across multiple projects
- PfMP - Portfolio Management ProfessionalExecutive-level portfolio management with strategic risk oversight
Alternative Paths
- PMI-PBA - PMI Professional in Business AnalysisComplementary skills in requirements and business analysis
- DASM - Disciplined Agile Scrum MasterAgile framework skills complementing risk management in agile environments
- DASSM - Disciplined Agile Senior Scrum MasterAdvanced agile leadership with team-level risk management
Practice with Precision
The PlanetCert Simulator mirrors the real exam environment with authentic questions and timed pressure.
How to study for this exam?
The most effective way to prepare for PMI-RMP is by using the PlanetCert Simulator to practice questions and review detailed explanations.
What's changed on this exam?
Current Status
- ACTIVE
- Last content update: 2023-01
Updates
- Agile Risk Management Current Agile approaches now integrated throughout all five domains • Release date: 2023-01
- Hybrid Project Approaches Current Hybrid methodologies covered across domains, not isolated to specific tasks • Release date: 2023-01
- Enterprise Risk Management Integration Current Increased focus on enterprise-level risk exposure and organizational risk appetite • Release date: 2023-01
Who should take this exam?
This exam is typically taken by Project Managers and Risk Managers.
Option: A; Education: Secondary diploma (high school diploma, associate's degree or global equivalent); Experience: 36 months of project risk management experience within the last 5 years; Training: 40 contact hours of formal education in project risk management
Option: B; Education: Four-year degree (bachelor's degree or global equivalent); Experience: 24 months of project risk management experience within the last 5 years; Training: 30 contact hours of formal education in project risk management
Option: C; Education: Bachelor's or post-graduate degree from a GAC accredited program; Experience: 12 months of project risk management experience within the last 5 years; Training: 30 contact hours of formal education in project risk management
- Experience with risk management frameworks and methodologies
- Understanding of predictive, agile, and hybrid project approaches
- Knowledge of PMBOK Guide and PMI risk management standards